Best SUV Lease Deals
Lease vs. Buying
There are many pros and cons to renting a car vs buying a car. When you buy a car you have the ownership to look forward to which includes monthly payments, up front costs, future resale value and of course the option to put as many miles as you want on it. With most vehicle leases, you are required to stay under a maximum mileage limit per year or you may incur fees at the end of your least. The benefit of leasing a car versus buying it out right is the fact that you can get a new car in a couple years if you're not happy with your current lease. You are not stuck trying to sell a car. At the end of your lease, you simply return your car. Some times you are given a discount offer to buy the lease car if you so choose to do so.
One of the disadvantages of leasing a car is most dealerships these days require you to put money down for a lease. Unfortunately, that down payment is not money you will see again at the end of your lease. In some states, you are required to pay a certain percentage of the market value of the car in order to register it with that state. With that being said, a lease is normally new and has a high market value. You will spend more in registration fees for the lease car and may have to pay that high amount again when you lease or buy a new car when your current lease is over. There are many factors to consider when deciding between leasing or buying a vehicle.
The Best SUV Lease Deals for 2020
Here are the best SUV lease deals available during 2020.Mazda CX-5 $235-$245 Monthly
Ending on July 31, 2019, this offer is to lease a front wheel drive CX-5. The vehicle comes with the sports package featuring a 187 hp four-cylinder with a six-speed automatic.
A $2,499 down payment is required. During the 3-year term of the lease, the maximum mileage allowed is 36,000.Honda CR-V EX $299 Monthly
The CR-V offers the most storage in its class. The four-cylinder power plant is rated at 30 mpg. This package includes a wealth of safety features.
Ending July 8, 2019, this lease deal is for 36 months/12,000 yearly miles. The amount due at signing is $2,799.
Nissan Kicks SV $285 Monthly
The Kicks is the cheapest SUV to lease in the subcompact class. The Kicks has 25 cubic feet of storage space. Its four-banger engine produces 122 horses.
There is a $4,189 downpayment. Unavailable after July 8, 2019, this lease limits yearly mileage to 12,000.
Chevrolet Blazer LT $289 Monthly
One of the best SUV lease deals offered by an American Manufacturer the Blazer has either a four-cylinder or six-cylinder engine putting out 193 and 305 hp respectively. A mid-size SUV the Blazer has 30.5 cubic feet of storage.
The down payment for first-time lessees is $3,369. People who leased a GM product between 2014 and 2019 put $2,869 down. Mileage is limited to 30,000. This offer ends July 8, 2019.
Volkswagen Tiguan 2.0T S $199-$229 Monthly
The Tiguan has a car like a ride. With the third-row seats folded down, the Tiguan offers 33 cubic feet of utility. The four-cylinder engine delivers 185 hp. The 2.0T S features a back-up camera and Apple CarPlay.
The monthly cost of the 39-month lease varies according to region. The down payment is $2,999 due at signing. This offer is available until July 8, 2019.
Mazda CX-9 Sport Trim $324-$415 Monthly
Despite putting out 277 horses the CX-9's delivers 22 mph in town and 28 mpg on the open road. The vehicle being offered for lease is the front wheel drive version. As with the Tiguan, the actual lease cost is determined by location.
While this is not the cheapest SUV to lease on our list the higher monthly payments are offset by a $0 downpayment. Available until July 31, 2019, the lease is for 3 years/36,000 miles.
Jeep Grand Cherokee Laredo E $179-$317 Monthly
Rear wheel drive the Jeep Grand Cherokee Laredo E has a 295 hp 3.6 liter V6. The dashboard features a 7-inch touch screen display. Android Auto and Apple CarPlay are both included.
The difference in the monthly payments is based on whether the lessee chooses to put $0 or $3,999 down. The $317 figure applies to the $0 downpayment. This 36-month lease allows for 30,000 miles of driving and will no longer be available after July 9, 2019.